Algoma, MS Employment - Median Household Income, Unemployment Rate

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B-

38%

Income/capita NAT. AVG.

5%

Household income NAT. AVG.

67%

Unemployment NAT. AVG.

Index	Algoma	Mississippi	National
Income per capita	$18,572	$21,651	$29,829
Median household income	$58,173	$40,528	$55,322
Median income owner occupied	$67,625	$50,403	$70,586
Median income renter occupied	$23,750	$24,844	$35,192
Median earnings male	$34,659	$31,665	$36,919
Median earnings female	$35,833	$22,259	$26,250
Unemployment rate	1.6%	5.5%	4.7%
Poverty level	20.7%	22.3%	15.1%

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Key findings

The income per capita in Algoma is 38% lower than the national average
The median household income in Algoma is 5% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Algoma is 67% lower than the national average
The poverty level in Algoma is 37% higher than the national average

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am i middle class

$38,778 $58,173 $116,346

City

$27,015 $40,528 $81,056

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Algoma median earnings by income bracket

Algoma employment by industry

Labour Type	Male	Female
Construction industry	5.6%	5.6%
Manufacturing sector	62.0%	62.0%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	4.2%	4.2%
Public administration	0.7%	0.7%
Transportation, warehousing & utilities	2.1%	2.1%
Education, health & social services	9.9%	9.9%
Other	14.8%	14.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Thaxton, MS	688	$66,146	19.6%
Toccopola, MS	298	$50,625	8.5%
Pontotoc, MS	6,070	$49,250	11.0%
Ecru, MS	1,321	$45,145	18.4%
Sherman, MS	616	$31,625	42.8%
Algoma, MS	697	$58,173	5.2%

Cities with similar population

City	Population	Household Income	National Avg.
Athol, ID	697	$40,739	26.4%
Clifton, ID	697	$85,385	54.3%
Freedom Plains, NY	697	$37,049	33.0%
Merrill, OR	697	$40,809	26.2%
East Vandergrift, PA	697	$48,090	13.1%
Algoma, MS	697	$58,173	5.2%

Source: The Algoma, MS employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).